ICO Portal Software create free bitcoin casino

ICO Portal Software

The Thai Securities and Exchange Commission (SEC), the nation’s main cryptocurrency regulator, has revealed the amount of businesses that have applied to operate first coin supplying (ICO) portals in the nation.

According to the Bangkok Insight, Mrs. Praopon Senanarong, the Assistant Secretary of the Thai SEC, said that the regulator is reviewing six applications for ICO portals, which are expected to be accepted in the fourth quarter of this year. Moreover, 12 more portals are interested but have not applied for a permit.

The SEC will set up a committee of SEC representatives and ICO experts to oversee ICO and ICOs portalsCloudBet app >Business Issuing Token Without Permit

The SEC issued a public warning last week about DB Hold Plc soliciting investments in stocks and a token without approval after receiving inquiries from investors regarding the company and bitcoin casino no deposit bonus 2018.

After investigating, the SEC found that the firm has been soliciting investors through social websites for business shares and pre-ICO tokens in the amount of 500 million baht (~US$15,346,130).

Emphasizing that DB Hold Plc isn’t authorized to issue tokens, the SEC says that it has ordered the company to cease all activities relating to the issuance of this token. Furthermore, the regulator reiterates that no firm was granted approval to issue tokens. Firms that launched their tokens before the adoption of the crypto regulations of the country , however, are exempt from having to apply for a permit.

New Plan for First ICO by Thai Stock Exchange-listed Company

Jmart Plc is. The company issued Jfincoin through its subsidiary, Jventures Plc. Despite much effort, the coin’s value has dropped from 6.60 baht (~$0.20) per coin in February to approximately 1.70 baht (~$0.05) within 6 months of launch, Mgr Online reported.

Adding to the loss of investor confidence is the allegation that there has been a Jventures executive involved in the high-profile bitcoin fraud case involving a renowned soap celebrity scamming the news outlet, a bitcoinerbitcoin casino no deposit bonus usa usa bitcoin casino fair company has come up with a new strategy. Jmart is currently seeking permission from the Bank of the SEC and Thailand to use Jfincoin for payments in shops, beginning with its Jmart stores. If accepted, this coin are the first legal token which may be used for payments in the country, the publication conveyed.

What do you think about how Thailand is handling ICOs? Tell us in the comments section below.

Pictures courtesy of Shutterstock.

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Source: bitcoincasinoreview.net

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